Gasoline prices decline 4 cents from last week ahead of holiday weekend

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Gasoline prices nationwide have fallen 4 cents since last week, averaging $2.84 a gallon.

The average is 2 cents less than July, but 48 cents higher than August 2017.

Gasoline prices last Labor Day increased to their highest point in 2017 because of Hurricane Harvey. This year, gas prices will be the highest since 2014.

“With Labor Day approaching, motorists could see a small swing toward higher gas prices, but any jump should not last past the holiday weekend,” Jeanette Casselano, AAA spokesperson, said.

On the West Coast, prices are stagnant, and inventory fell by 200,000 barrels.

In Hawaii, the state’s largest refinery closed because of Hurricane Lane but has since restarted.

Prices also were stagnant in the Northeast and Mid-Atlantic regions, although prices average nearly 50 cents more than last year.

In the Great Lakes and Central regions, five states had the most considerable price changes, but only Ohio is paying more than a month ago, increasing 10 cents.

In the South and Southeast, prices fell in all but two markets. The largest price decrease in the nation was Florida with a 4-cent drop.

The Rockies are the only region where prices increased for the majority of the states. Montana is the exception.